Sodium Caprylate Market Segmentation:
Form Segment Analysis
Powder segment is anticipated to dominate sodium caprylate market share of over 70% by 2035. The segment growth can be accredited to the growing cases of nutritional deficiencies. Inadequate food intake, poor nutritional absorption, and consumption of diets deficient in some important nutrients may cause deficiencies among young children and adults who may exhibit a variety of symptoms such as slow growth and low vitality. For instance, more than 25% of the world's population is thought to be deficient in one or more essential micronutrients.
These deficiencies can be met using sodium caprylate NF/EP powder an off-white powder that can be added to tablets as a dietary supplement to help with libido and muscular growth.
Application Segment Analysis
By 2035, personal care and cosmetics segment in the sodium caprylate market is expected to exceed USD 9 Million. The growing personal care and cosmetics sectors are the main drivers of the segment's growth. The market for cosmetics and personal hygiene is expanding yearly led by the increase in purchasing power and the growing consciousness among consumers regarding general well-being and self-care. For instance, the global market for beauty and personal care would bring in over USD 645 billion by 2024.
These factors have led to an increase in demand for sodium caprylate as it can operate as an emulsifier and surfactant when employed as a cosmetic ingredient, and also possesses antibacterial properties.
Grade Segment Analysis
During 2026-2035, food segment in the sodium caprylate market is expected to grow at CAGR of more than 8% owing to the growing need for food additives. It is predicted that between 2020 and 2025, the global consumption of food additives will increase at an average annual rate of more than 2%.
Moreover, sodium caprate is one of the compounds that can be added to food to improve its color, flavor, or texture, or to keep it fresh. Sodium caprylate is often found in cosmetics like lotions, creams, and shampoos, and is highly sought after on the global market because of its excellent efficacy, environmental friendliness, and purity.
Our in-depth analysis of the sodium caprylate market includes the following segments:
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